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Luyin Investment Group Co (SHSE:600784) Total Current Assets : ¥1,669 Mil (As of Mar. 2024)


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What is Luyin Investment Group Co Total Current Assets?

Total current assets includes Cash, Cash Equivalents, Marketable Securities, Total Receivables, Total Inventories, and Other Current Assets. Luyin Investment Group Co's total current assets for the quarter that ended in Mar. 2024 was ¥1,669 Mil.

Luyin Investment Group Co Total Current Assets Historical Data

The historical data trend for Luyin Investment Group Co's Total Current Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Luyin Investment Group Co Total Current Assets Chart

Luyin Investment Group Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Current Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,022.45 1,714.82 1,515.07 1,671.37 1,569.08

Luyin Investment Group Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Total Current Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,738.09 1,847.36 1,696.39 1,569.08 1,669.25

Luyin Investment Group Co Total Current Assets Calculation

Total Current Assets are the asset that can be converted to cash or used to pay current liabilities within 12 months.

Luyin Investment Group Co's Total Current Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=416.844+686.816+350.376+115.039
=1,569

Luyin Investment Group Co's Total Current Assets for the quarter that ended in Mar. 2024 is calculated as

Total Current Assets=Cash, Cash Equivalents, Marketable Securities+Total Receivables+Total Inventories+Other Current Assets
=287.753+798.869+430.993+151.631
=1,669

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Total Current Assets is linked to the Current Ratio, which is the result of dividing total current assets by total current liabilities. It is frequently used as an indicator of a company's liquidity, its ability to meet short-term obligations.

Total Current Assets is also linked to Working Capital, Net working capital is calculated as Total Current Assets minus Total Current Liabilities.

Luyin Investment Group Co  (SHSE:600784) Total Current Assets Explanation

In Ben Graham's calculation of liquidation value, inventory is only considered worth half of its book value, and accounts receivable is considered worth 75% of its value. Therefore the liquidation value is lower than calculated from total current assets.

Luyin Investment Group Co's Liquidation Value for the quarter that ended in Mar. 2024 is

Liquidation value
= Cash, Cash Equivalents, Marketable Securities-Total Liabilities+(0.75 * Accounts Receivable)+(0.5 * Total Inventories)
=287.753-2219.704+0.75 * 359.224+0.5 * 430.993
=-1,447

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Luyin Investment Group Co Total Current Assets Related Terms

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Luyin Investment Group Co (SHSE:600784) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Luyin Investment Group Co Ltd (SHSE:600784) » Definitions » Total Current Assets
Comparable Companies
SZSE:002132 SHSE:605158 SHSE:603315 SZSE:002443 SHSE:600992 SZSE:300881 SZSE:300421 SZSE:000926 SZSE:002418 SHSE:688186 NUE BOM:500228 NSE:TATASTEEL SHSE:600019 XKRX:005490 STLD XAMS:MT TSE:5401 MIC:CHMF RS
Traded in Other Exchanges
N/A
Address
No. 20518, Jingshi Road, Shandong Province, Jinan, CHN, 250002
Website
http://www.luyin.cn
Luyin Investment Group Co Ltd is engaged in Powder metallurgy and products, Real estate, Trade, and others. The main products of the company's powder metallurgy and products business are powder metallurgy materials, automotive structural parts, and powder metallurgy parts. It is applied to products such as automobiles and home appliances, and others. The main products of the real estate business are commercial and residential real estate development, and the trading business relies on the purchase and sale of iron ore, billet, building materials, and other products.
Executives
Li Chun Lin Director
Sun Dian Min Director
Liu Shi He Director
Li Wei Director
Fu Shen senior management

Luyin Investment Group Co (SHSE:600784) Headlines

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